AJL 18.2% 1.3¢ aj lucas group limited

Not neccessary Kerogen but could other large holders. It may not...

  1. 2,901 Posts.
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    Not neccessary Kerogen but could other large holders. It may not be Mr Fudge either. But I notice Citicorp is holding 13 million share and Almargate farm ltd hold 6 million. One could play as the insto and the other surely have a gutful of ajl in the past.
    But you are probably right about marginal call sales.
    They probably have finished drilling the vertical well and started on the horizontal well by now. It probably takes 4 weeks per horizontal well completion so hopefully 2 hz wells drilled and completed by end Nov. Fracking takes 2 weeks just in time for Christmas. And if some of us have been good this year Santa may give us a good indication of initial flow rate by Xmas eve. If we have been naughty then oh well the sad story of ajl continue on.
    Last edited by tgn01: 19/09/17
 
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